These are the two faces of the mining rush in the Karamoja region of northeast Uganda: small-scale freelance miners, toiling with basic equipment for scant reward, and a mix of wealthy foreign and ...
Criminal groups involved in illegal gold mining resort to human trafficking and migrant smuggling to maximize their profits, using coercive and violent techniques. …
Uganda has announced that it has struck a deposit of 31 million tonnes of gold ore, with extractable pure gold estimated to gross 320,000 tonnes.
In addition, gold mines in Congo are beginning to be inspected by multi-stakeholder teams of government, civil society, and business representatives. Ten gold mines that met the criteria for being conflict-free have been validated so far, and 50 more are due to be inspected in the remainder of 2015.
* An estimated 96 percent of artisanal gold mines in Congo are not certified at present (60 out of approximately 1,499), * an estimated 71 percent of gold miners work at conflict mines according to the latest independent survey, * and in 2017 the U.N. Group of Experts said that it had confirmed that nearly all artisanally sourced gold in Congo ...
Gold is especially sought-after in the eastern DRC––it is extremely easy to smuggle across borders and past check-points, important qualities in the shadow economy. But it is not just its value that has placed gold at the heart of controversy. It occupies an important place in the geopolitical competition between Uganda, Rwanda, and the Congo.
U.N. experts say armed groups, criminal networks and some law enforcement agents in Congo are reaping vast sums of money from illegally exploiting gold and other natural resources and smuggling them to Uganda, Burundi, Rwanda, Tanzania and the United Arab Emirates The experts said in a report to the
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Uganda's gold boom leaves small-scale miners behind. With exports experiencing a sharp rise, Uganda is formalising its gold sector. But who is benefitting?
Congo's government says much of the trafficking goes through neighboring Rwanda, Uganda, and Burundi, which have exported billions of dollars worth of gold in recent years despite having few ...
An attack on a Chinese mining convoy transporting gold in northeast Congo killed four people, including two Chinese nationals, authorities said. Sammy Badibanga Kalonji, administrator of the Fizi territory where the attack took place, said on Friday a Congolese soldier, a driver and two Chinese nationals were killed in the armed robbery …
A licence for production of part of the gold deposit has already been granted to the Wagagai Gold Mining Company, a Chinese firm. The Uganda Investment Authority announced a ground-breaking ceremony at the mine in October last year, and noted at the time that Wagagai's initial investment reached $50m, including for a refinery, which has …
A Belgian businessman sanctioned by the U.S. over allegations of illicit gold trade in Congo said Friday the action undermines efforts to improve transparency in …
Earlier this year, Uganda's Parliament enacted a new mining law, pending the President's approval, that will lead to the creation of a state mining company through which investors will be required to sign a production-sharing agreement, allowing the company to acquire a 15% stake in mining operations within the country.
I hope to see the East African country make an impact with the billions of US dollars that would be generated from the gold mining in Uganda unlike Nigeria and Congo, and other African countries where gold smuggling is rampant. Sources: Featured image by theeastafrican.co.ke; David Rupiny (October 6, 2021).
Women are an important part of the artisanal gold mining sector. More than 45 percent of artisanal gold miners in Uganda are women. According to IMPACT's research, artisanal gold mining is a lucrative income—with women earning three times more from gold mining than other income generating activities in their communities.
The Democratic Republic of Congo (DRC) is and has been an important gold producer in Africa. The country has been producing large amounts of gold for the past few decades and is known worldwide for its gold. However, due to political instability the gold industry in the country is far from being fully developed. Investors […]
In November 2020, Dott Services––a Ugandan company close to President Museveni––signed a contract with the Congolese public sector mining company Sakima …
Kibali, one of the largest gold mines of its kind in Africa, is situated in the DRC, adjacent to the town of Doko and 210km from Arua on the Ugandan border.
Over the past three decades, the global appetite for gold has continued to grow, driven by increased consumer demand from Asia and soaring investor demand following spiking gold prices. 6 Artisanal and small-scale gold mining (ASGM) is prevalent in at least 64 countries (Figure 1).The estimated number of ASGM miners increased …
Gold production in Uganda has radically increased in the recent past. Today gold sales contribute about 30% of Uganda's export revenue. With gold deposits spread across the country, Uganda offers companies a great opportunity to invest in gold mining. Uganda's Gold Mining Regions So far, exploitation of gold in the country has …
From our mines in Uganda and Congo, we extract gold and refine gold which is the most famous of all precious metals. Widely sought after throughout the world for both its investment qualities and industrial properties. Gold has traditionally served three functions: as a monetary instrument, a financial asset, and a raw material mostly used in ...
Congo started Primera Gold DRC SA in January 2023 with Abu Dhabi-registered Primera Group Ltd. in a bid to crack down on the gold smuggling that fuels conflicts in the country's eastern provinces.
Gold mining is a global business with operations on every continent, except Antarctica, and gold is extracted from mines of widely varying types and scale. At a country level, China was the largest producer in the world in 2023 and accounted for around 10 per cent of total global production. Our interactive gold mining map provides a breakdown ...
Minister Lokeris launching operations at the mines. Mining operations at Busia gold mine, with reserves estimated at 12.5 million ounces of mineable gold, have been commenced. The Busia gold mine is estimated to have an equivalent of 16 billion dollars in gold reserves, matching Uganda's oil discoveries in the Lake Albert Basin. …
This milestone marks the first issuance of a large-scale mining licence in Uganda under the Mining Act of 2022, reinforcing Makuutu's flagship project status and Uganda's support for the project's development. ... Kilimapesa Gold Project . Reports. Makabingui Gold Project . Data Insights The gold standard of business intelligence. …
In recent months, record amounts of gold dug from artisanal mines in the conflict zones of Eastern Congo have been smuggled …
Okimo is the biggest gold mining company in the DRC currently producing about 160 kilogrammes per year. ... The city of Nairobi is considered in DRC to be a key transit point for smuggled Congo ...
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ARTISANAL GOLD MINING IN THE DEMOCRATIC REPUBLIC OF THE CONGO 3 history.6 The United Nations Panel of Experts estimates "that 98% of all gold produced the DRC is smuggled out of the country and nearly all of the gold traded in Uganda—the main transit country for Congolese gold—is smuggled illegally exported from the DRC.
the Democratic Republic of the Congo (DRC) is mainly smuggled towards East Africa, mainly to Uganda, Rwanda, and Burundi. From these transit countries, gold is mainly ... as final destinations. Non-state armed groups in the DRC and CAR finance their activities by controlling some gold mining sites and smuggling routes, as well as using ...
In particular, the country has been used as a hub by gold traffickers in the region who smuggle gold from illicit and militant-controlled mines in the eastern Democratic Republic of Congo (DRC). This has resulted in the US Treasury sanctioning Uganda's largest privately-owned gold refinery, African Gold Refinery (AGR), in March of this year.
Earlier this year, Uganda's Parliament enacted a new mining law, pending the President's approval, that will lead to the creation of a state mining company through which investors will be required to sign a production-sharing agreement, allowing the …
With a land area of about 241,038 square kilometres, the country is bordered to the west by the Democratic Republic of Congo (DRC), to the south by Rwanda and Tanzania, to the east by Kenya and to the north by South Sudan. ... This explains why the use of mercury is rampant in the gold mines in Uganda, leaving devastating effects on the ...
Mubende Gold Mining is more than just a gold mining company; we are a catalyst for positive change in Uganda's mining industry. Through responsible practices, partnerships, and our commitment to artisanal miners, we are shaping a brighter future. Join us in our journey towards ethical gold mining and sustainable growth. Your success is our ...
